San Leon Energy plc, the AIM listed company focused on oil and gas development and appraisal in Africa, announced on 10 December 2018 that Eroton, the operator of the OML 18 licence, onshore Nigeria, was preparing to spud the new well OSMU-1 in the Akaso field. The Company is pleased to announce that the Akaso-15 well (known as OSMU-1 prior to completion) has been drilled and completed, and connection of the well to the pipeline system is anticipated by Eroton to finish this week. The well is expected to be brought onto production during the first half of March 2019, and a well test will be performed once the well has achieved stable production. The rig will move to drill the next new well, Akaso PMMO-1.
Chief Executive Officer, Oisin Fanning remarked, “I have previously stressed the importance of increasing oil production at the wellhead, which is what Eroton is doing with its drilling campaign. I look forward to providing an update on the second new well in due course in addition to advising on the production rate from Akaso-15.”